Examples of Institutional Lender in a sentence
If such arrangements are not pursuant to the Project Trust Agreement, then such arrangements shall include the holding of the Handback Requirements Reserve in an account with a financial institution nominated by Developer and approved by TxDOT, which institution may include any Lender that is and continues to qualify as an Institutional Lender.
If such arrangements are not pursuant to the Facility Trust Agreement, then such arrangements shall include the holding of the Handback Requirements Reserve in an account with a financial institution nominated by Developer and approved by TxDOT, which institution may include any Lender that is and continues to qualify as an Institutional Lender.
Any Leasehold Mortgagee must be an Institutional Lender; the rights of such Leasehold Mortgagee under any Leasehold Mortgage and the Lease Agreement shall be subject to the rights of the Signatory Airlines under this Agreement; and any Leasehold Mortgage shall be in compliance with the requirements of Section 18.1 of the Lease Agreement.